Challenges and Opportunities in China's Investment Casting Industry

2024-08-02 13:17:14

Despite the growth, China's Investment Casting Industry faces challenges such as fluctuating raw material prices and the need for continuous technological upgrades. However, these challenges also present opportunities for innovation and improvement. Companies are investing in research and development to create more efficient casting processes and materials. Government support in the form of subsidies and incentives for technological advancements further boosts the industry's potential. The focus on sustainability and digital transformation is expected to drive future growth and maintain China's competitive edge in the global market (GlobeNewswire) (Hengke Metal).